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consumers spending is decreasing overtime and there are no clues around it for the past one year but nobody knows why. today an incident gives a hint regarding that. Mokobora a luggage bag and backpack startup. There have been white labelling chinese products and selling them at literally 250 to 300% higher in india. by just attaching their labels. Many consumers have been caught the models and even some other small startups doing this shit. what a downfall, this brand positioned their brand as some high priced passionate product to consumers and all they doing are white labelling stuff. This is not thier downfall but whole start ecosystems. they are raising trust issues in consumers from all stand points. This will affect some real passionate and path defining startups and products which claims things in a very extreme way. people don't trust those passionate startups and this will lead to consumers not choosing path defining products and the consumer spending downfall. ✌🏻